Tesla Surges with Record Trading Volume as Broadcom Challenges AI Status Quo

1. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 3.64%, with the trading volume of 61.16B. Tesla's new Model Y is available for test drives. Analyst Dan Ives raised Tesla's target price to $515, while Mizuho upgraded its rating to outperform. Tesla launched a lithium refining plant in Texas, making it North America's sole automaker refining lithium.

2. Nvidia (Nasdaq: NVDA)
Nvidia dipped mildly by -1.22%, with the trading volume of 32.92B. NVIDIA launched a new AI developer board priced at $249 offering 67 TOPS throughput. Meanwhile, Acer confirmed NVIDIA's upcoming RTX 5090 and 5080 GPUs will feature 32GB and 16GB of GDDR7 memory respectively.

3. Broadcom (Nasdaq: AVGO)
Broadcom dropped solidly by -3.91%, with the trading volume of 16.77B. Broadcom's market capitalization surged to $8.5 trillion, challenging Nvidia's AI dominance. Following the latest earnings report, Broadcom aims to cement its position as a key player in the AI era, buoyed by expectations of strong demand for custom AI chips.

4. Apple (Nasdaq: AAPL)
Apple gained mildly by 0.97%, with the trading volume of 12.94B. Apple plans to expand OLED displays to the entire iPad series and releases developer preview iOS 18.3 and visionOS 2.3. iOS 8 and earlier versions will cease iCloud backup support in May 2023. Apple’s Mac is increasingly vital for enterprises.

5. Microsoft (Nasdaq: MSFT)
Microsoft gained mildly by 0.64%, with the trading volume of 9.94B. Microsoft CEO Satya Nadella stated Google profits more from Windows than Microsoft. Upcoming AI developments could reshape the consumer electronics market. Jefferies predicts Microsoft as a leading generative AI software beneficiary, alongside Google and Amazon. Windows vulnerabilities have been addressed by updates.

6. Microstrategy Incorporated (Nasdaq: MSTR)
Microstrategy Incorporated dropped solidly by -5.41%, with the trading volume of 8.50B. Microstrategy reported a trading volume of $8.326 billion on December 17, 2024, marking a 36.54% decrease from the previous trading day.

7. Alphabet (Nasdaq: GOOGL)
Alphabet dipped mildly by -0.63%, with the trading volume of 8.33B. Google is launching Google News Showcase in Switzerland and has released ChromeOS 131, enhancing security and accessibility. Additionally, Google unveiled Gemini 2.0 Flash, significantly improving AI interaction.

8. Amazon (Nasdaq: AMZN)
Amazon.Com dipped mildly by -0.76%, with the trading volume of 8.13B. Amazon Web Services plans to invest nearly $10 billion to expand data center infrastructure in Ohio, supporting AI and cloud computing. Additionally, AWS launched new data center components to enhance AI innovation and energy efficiency.

9. Meta Platforms (Nasdaq: META)
Meta Platforms dipped mildly by -0.77%, with the trading volume of 7.65B. Meta faces a 2.51 billion euro fine by Ireland's Data Protection Commission over a data breach affecting millions of Facebook accounts. Truist Securities maintains a "buy" rating with a target price of $700. Meta enhances Ray-Ban smart glasses with AI video and translation features.

10. Unitedhealth Group Incorporated (NYSE: UNH)
Unitedhealth Group Incorporated dipped mildly by -2.61%, with the trading volume of 6.80B. UnitedHealth experienced a 3.88% decline amidst broader market downturn, with the Dow Jones marking its longest consecutive decline since 1978.